Stellex Capital Management

Stellex Capital Management is a private equity firm specializing in middle-market investments across various industries in North America and Europe. The firm focuses on operational transformations, aiming to catalyze growth and create long-term value by embracing complexity and providing flexible capital solutions. Stellex primarily targets investments ranging from $75 million to $150 million in companies with enterprise values between $100 million and $500 million. The firm is experienced in various transaction types, including majority and minority recapitalizations, carve-outs, and turnarounds, and serves as a reliable partner to family businesses and independent sponsors. Stellex's investment criteria include sectors such as aerospace, defense, industrial, and automotive, with a typical investment size ranging between $75-$150 million. Led by managing partners Ray Whiteman and Michael Stewart, Stellex has a strong history of creating long-term value through customized operational transformation plans and strategic investments in companies facing transitional crossroads. With offices in New York, Detroit, Pittsburgh, and London, Stellex has over $2.8 billion in assets under management. The firm's portfolio companies benefit from its industry knowledge, operating capabilities, network of senior executives, strategic insight, and access to capital. Sectors of particular focus include aerospace, defense & government services, transportation & logistics, manufacturing, real economy & business services, food processing, and tech-enabled services.